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 Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only

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theevilman1909
post Mar 2 2017, 04:23 PM

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Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.
theevilman1909
post May 12 2017, 04:51 PM

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BNM has left its OPR unchanged at 3% after its third policy meeting of the year, and since July 13, 2016.




theevilman1909
post Jun 30 2017, 06:40 PM

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Bank Negara Malaysia would raise OPR in the second half of this year???

hmm.gif hmm.gif
theevilman1909
post Jan 18 2024, 01:29 PM

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QUOTE(szejz123 @ Jan 16 2024, 12:50 PM)
Was compiling so thought might as well just share

Public Bank
3-Month @ 3.60%
6-Month @ 3.70%
9-Month @ 3.80%
12-Month @ 3.85%

HLB
12M- 3.8%
9M - 3.9%?

OCBC
6M - effective 4.0%

AFFIN
Invikta highest 12M- 3.74%

MBB
12M - 4% need approval (refer above)

Ambank
eFD
3M- 3.83%
6M - 3.98%

CIMB
7M - 3.8%
https://www.cimb.com.my/en/personal/promoti...3-campaign.html

Muamalat
6M - 4.05%

MBSB
12M- 4.4% effective
https://www.mbsbbank.com/promotions/chinese...-combo-campaign
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Do 3m placement first...
Later OPR goes up.
Can get higher rate later on...
Old rate don't get locked longer 👍
theevilman1909
post Jan 18 2024, 06:25 PM

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QUOTE(CommodoreAmiga @ Jan 18 2024, 06:19 PM)
Don't dream rates will go up. It will only stay or go down.
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next week shall know the outcome tongue.gif
theevilman1909
post Jan 18 2024, 08:35 PM

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QUOTE(poweredbydiscuz @ Jan 18 2024, 08:19 PM)
From the past couple of years, even when OPR went up, the FD promo rates still go down.
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Interesting...

What I know & saw.
FD rates recent months is lower even when there's no change to OPR..
theevilman1909
post Feb 9 2024, 01:25 PM

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QUOTE(??!! @ Feb 9 2024, 09:50 AM)
Staff said withdrawal considered as closing account. Hence need all parties to be present

Sudah kena —- Do my new placenents just use 1 name.
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what? consider as closing account?

very headache got 2 name one bangwall.gif
theevilman1909
post Mar 1 2024, 01:03 PM

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QUOTE(fabu8238 @ Mar 1 2024, 11:35 AM)
Brother I don't want to be a party pooper but you obviously have not heard of the MBB FPX pooper. When you trsf funds from other banks to put in MBB FPX FD high chance the funds will go missing and you hv to spend an anxious 5 business days hoping it will reappear in your remitting bank. Don't say I did not warn you!
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Your money gone missing when placing eFD with Maybank?

what happen?
theevilman1909
post Apr 30 2024, 04:17 PM

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QUOTE(guy3288 @ Apr 29 2024, 09:09 AM)
i was going to  withdraw online my B islam 18month FD due today,
system showed renew another 18 months dapat 4.65%!
ini boleh picaya kah?
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QUOTE(jiash87 @ Apr 30 2024, 01:44 PM)
A question for those who have placed in Bank Islam previously where they offered 4.4% for 18 months.

Was your FD auto-renewed? Mine just matured and when I checked today they auto renew it and gave me 4.65% for 18months. Not sure if its quarterly interest like previous FD.
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Yes. it's true legit rates.

they want to try retain all the $$$ & stop the outflows
theevilman1909
post May 20 2024, 03:54 PM

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QUOTE(tALEz @ May 20 2024, 01:52 PM)
Bank Islam special rate 3.85% for 12mths OTC.
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not very attractive rate...

should just offer 4%.. like MBSB
theevilman1909
post May 24 2024, 12:41 PM

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QUOTE(Sitting Duck @ May 24 2024, 12:19 PM)
Is this available? Based on the earlier thread, seems like the 4% promo rate ending by today instead of 30 of June
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still available..

better do placement before month end to be safe side
theevilman1909
post Jun 1 2024, 05:13 PM

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QUOTE(fabu8238 @ Jun 1 2024, 02:34 PM)
mbb fpx issue is you transfer $ from your bank to MBB to open the FD but MBB s,,t system will not recognise the transaction so yr $ goes missing for 1 week. This issue has still not been resolved by the No 1 bank in Msia which makes me realise they are no 1 idiot bank in Msia
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it's like for months already...

Maybank still didn't resolved the issues yet...

then how to do eFD placements
theevilman1909
post Jun 7 2024, 05:47 PM

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QUOTE(hedfi @ Jun 7 2024, 03:27 PM)
Bank Islam FD matured today and app show renewal at 4.1% for 12 mth. Went to update at branch was told system not updated, should be 2+ only. WTF, you're a bank la, not grocery store, not updated also can ah? Many stupid rules here too
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there's some bugs on their part.

don't bother...

just place at MBSB 4% 12m
theevilman1909
post Jun 28 2024, 04:38 PM

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QUOTE(bbgoat @ Jun 25 2024, 06:30 PM)
Bank Islam

just to update our latest  fd promotion
from 25/06 until 31st Dec 2024
3 mths -3.75%
6 mths -3.95%
12mths-4.00%
Min placement RM10k
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thanks for the updates

was thinking where to do my placement.

found it rclxm9.gif
theevilman1909
post Jul 11 2024, 03:22 PM

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Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent

https://www.bnm.gov.my/-/monetary-policy-statement-11072024
theevilman1909
post Jul 12 2024, 04:22 PM

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QUOTE(romuluz777 @ Jul 12 2024, 03:37 PM)
FD certificate again??

since got mention about certificate hmm.gif

please hope it's not MBSB again....
theevilman1909
post Jul 14 2024, 12:05 PM

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QUOTE(areankim @ Jul 13 2024, 10:23 PM)
Bank Islam FD still got 4%?
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just did placement last week.

Yes still available, but staff mention won't be long. take up rate is very encouraging
theevilman1909
post Jul 26 2024, 04:44 PM

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QUOTE(DarkCoffee @ Jul 26 2024, 12:32 PM)
PBB can request for 3.75%-3.8%(normal 3.65%) for 12 months, but need approval. No monthly interest.

Bank Rakyat FD quota still far from target. Yet to end. Need utility bill to open new account even though you have an existing account. 4.0% need at least 80k for new Xclusive member. Existing 50k. Doesn't matter how much your placement, locked 10k. Monthly interest available. 80k (New Xclusive member) need to allocated to a cert. The balance can separate cert.
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basically effective rate is lower than 4% devil.gif
theevilman1909
post Jul 31 2024, 03:13 PM

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QUOTE(Vickyle @ Jul 31 2024, 08:32 AM)
My HLB bonus interest is RM20 less than calculated. Sad.
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your calculation is wrong?

care to share how you got the numbers??
theevilman1909
post Sep 3 2024, 12:43 PM

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QUOTE(cybpsych @ Sep 3 2024, 10:56 AM)
Back by Popular Demand?
Everyone forgotten the illegal withdrawals of FD involved MBSB Bank previously?
4% is not very attractive enough. 4.5% is much better

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